Stripe has announced it has launched in Australia and began testing in three Scandinavian countries.
Stripe started three years ago and is backed by a trio of PayPal co-founders; Stripe is a simple-to-use multi-currency service as an easy way for businesses to begin accepting payments from around the world. It takes a cut of several percentage points off transactions across its platform.
The company’s latest international expansion came when it struck a deal with Alipay to enable Chinese buyers to pay for purchases on the US service.
Stripe now operates in several countries, which included: Canada, Britain and Ireland, and it is also beta-testing in European countries such as Finland, Switzerland and now Denmark, Norway and Sweden.
Co-Founder and President of Stripe, John Collison, said: “Stripe’s mission is to grow Internet commerce by providing everything an online business needs to accept payments.”
Using Ripple's enterprise blockchain solutions, Standard Chartered has completed its first real-time cross-border payment for businesses with another major correspondent bank.
Three years on from being acquired by PayPal, Braintree, a company which allows merchants to process a range of different payments, has revealed the number of its payment transactions has increased by 25 times.
Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out of mobile payments for Dankort customers.
Square has introduced a new update to its contactless and chip readers that reduces transaction speed to 4.2 seconds.